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Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced...

Dover Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals.

The balance in the account Work in Process—Filling was as follows on January 1:

Work in Process - Filing Department

(3,400 units, 60% completed)

Direct Materials (3,400 x $9.58) $32,572
Conversion (3,400 x $3.90) $   7,956
TOTAL $40,528

The following costs were charged to Work in Process—Filling during January:

Direct materials transferred from Reaction

Filling Department: 52,300 units at $9.50 a unit $496,850
Direct Labor $101,560
Factory Overhead $95,166

*Conversion Costs = DL + FOH

During January, 53,000 units of specialty chemicals were completed. Work in Process—Filling Department on January 31 was 2,700 units, 30% completed.

With the information above, please complete a Cost of Production Report.

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ekkarill92 answered 1 year ago
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